The Electric Vehicle (EV) Sensor Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Electric Vehicle (EV) Sensor Market?
The Electric Vehicle (EV) Sensor market has seen a swift expansion in its market size over recent years. The market, which was worth $9.31 billion in 2024, is projected to increase to $10.49 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 12.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Electric Vehicle (EV) Sensor Industry?
The Electric Vehicle (EV) Sensor market is anticipated to reach $16.79 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.5%.
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What are the Key Growth Drivers Fueling the Electric Vehicle (EV) Sensor Market?
The key drivers in the electric vehicle (ev) sensor market are:
• Expansion of the electric vehicle market
• Advancements in autonomous driving technology
• Evolution in battery technology
• Notable partnerships and collaborations within the industry
Global Market Segmentation: Identifying Major Electric Vehicle (EV) Sensor Industry Segments
The electric vehicle (EV) sensor market covered in this report is segmented –
1) By Product Type: Temperature Sensors, Current Sensors, Position Sensors, Pressure Sensors, Speed Sensors
2) By Propulsion: Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Plug-In Hybrid Electric Vehicles (PHEVs)
3) By Sales Channel: OEM (Original Equipment Manufacturer), After market
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What are the Emerging Trends Shaping the Future of the Electric Vehicle (EV) Sensor Market?
The key trends in the electric vehicle (ev) sensor market are:
• The adoption rates of electric vehicles are trending upwards.
• The rise in autonomous driving features is significantly shaping the EV Sensor market.
• The implementation of battery management systems is a significant emerging trend.
• Stricter emission standards and a focus on vehicle safety are increasingly influencing the market.
Who Are the Top Competitors & Leading Players in the Electric Vehicle (EV) Sensor Market?
Major companies in the electric vehicle (ev) sensor market are:
• Denso Corporation
• Infineon Technologies AG
• NXP Semiconductors N.V.
• Texas Instruments Incorporated
• LEM Holding SA
• Kohshin Electric Corporation
• Vishay Intertechnology Inc.
• Allegro MicroSystems Inc.
• Amphenol Corporation
• ams-OSRAM AG
• Analog Devices Inc.
• Melexis NV
• Sensata Technologies Inc.
• STMicroelectronics N.V.
• Renesas Electronics Corporation
• TE Connectivity
• Continental AG
• Robert Bosch GmbH
• ZF Friedrichshafen AG
• Valeo SA
• CTS Corporation
• Honeywell International Inc.
• Kistler Group
• Methode Electronics Inc.
• Panasonic Corporation
• TDK Corporation
• Aptiv plc
• AVX Corporation
• Bourns Inc.
• Hella Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the electric vehicle (EV) sensor market in 2024
